Farrier Street, City Centre

£3,500,000 Guide Price
For Sale
  • Ref: 14248
  • Type: Detached House
  • Availability: For Sale
  • Bedrooms: 48
  • Bathrooms: 48
  • Reception Rooms: 6
  • Tenure: Freehold
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  • Floorplan

Property Features

  • £290,000 Annual Rental Income
  • Private Student Halls
  • 48 En-suite Rentable Rooms

Property Summary

Known as Court Mews, this beautifully designed purpose built student halls offers a rare investment opportunity strategically positioned in the heart Worcester City Centre, with an annual rental income of £290,400.

Full Details

Court Mews is a purpose built privately owned high yielding investment student halls style property located in Worcester City Centre with easy access to the Worcester University City and St Johns campus's.

The property consists of 48 en-suite bedrooms that form 6 mid-terrace units which have 8 en-suite bedrooms, a communal fitted kitchen and lounge/dining area. Outside is a secure bicycle store and the property also has external CCTV.

The current rental income at present is £290,400 per annum. Rooms are rented at £540pcm and £560pcm inclusive over an 11 month AST.